place value

noun

, Arithmetic.

1. the value of the place, or position, of a digit in a number or series:

   In the number 794, the location of the digit 4 has a place value of one.

place-value

adjective

1. denoting a series in which successive digits represent successive powers of the base

Word History and Origins

Origin of place value¹

First recorded in 1905–10

Example Sentences

We all need to place value on vetted, factual information upon which we can make sound and wise decisions.

From Salon

“Art is for keeps” — it speaks to the way we place value on art, and it’s also a cheeky taunt as Nemo helps himself to million-dollar works of modern art in the penthouse apartment of a wealthy collector.

From Los Angeles Times

We take the decimal place value system for granted, without realizing how versatile, elegant and efficient it is.

From Literature

The general method they used is called “place value” and is the principle by which different positions are used to represent different orders of number.

From Literature

This type of enumeration is known as a “place value” system, which we discussed earlier.

From Literature